Member Info for Ezhik

That also makes some sense then JH. It would seem to be something of a lost opportunity if the plant could only manage to handle flow from the wells already available. I noticed in the latest vid what I'm assuming to be the vent stack for the unwanted N2 and anything else that gets blown up there from PRV's or from just too much gas. Pity the free Nitrogen can't be monetised just yet, it's big business in liquified form for the food and medical industries and they have it coming out of the wells effectively for free. The last N2 production and storage system i was involved in building was on a bigger scale £50m but the N2 had to be extracted from the atmosphere which involves quite a cost -- and then liquified which is a bigger cost so to get it for buttons would be advantageous.

Except the 'buys' were timed at 15.36 when the 'buys' were going in at 08. - 0.85 so they must have got a very good price then

Halted for some drilling results and notification of fund raise. Most seem to be ignoring the fund raise element of their message. Red finish.

Yay. 30p ahhhhh, just fell as I was about to post.

Ahh, yes, thanks for the reminder. I knew it was in the brain cells from somewhere and thought it might have been during an interview. It still is a bit confusing though if it retains the same feed volume to the PSA. One would anticipate an increase. Anyhow, from that extract he also said further production wells thru 25/26 which hopefully implies more than the current number available and a chance for expansion a little bit further - but maybe not of J.H is correct with the figures. First thing first though - get it plugged in to the leccy and some gas through it. Next week surely for first gas and then fine tuning on pressures and swing duration. I find the process all very interesting.

A few weeks ago we were looking up towards 3p and now we are heading for 4p. Maybe not afterburner status but going in the right direction.

J.H. I believe that capacity can be increased with additional membranes. This came from a comment made a year ago on here. I am working on the basis that the separation unit - in the shed, is a hybrid arrangement where the gas is initially separated/purified using membranes which can handle larger volumes and provide a much quicker output than the PSA but the %purity is nothing like as high as gas separated by PSA, so we have raw gas coming in, passing through the membranes and then into the PSA which is hugely more efficient than putting raw gas straight into the PSA. The unknown for me is how much additional capacity could be managed by increasing the number of membranes and at what point does the PSA become overburdened. once that has been reached then the question would be whether it is cost effective to rune a second hybrid PSA or go for a small scale liquifier. There are no doubt production/financial models available to Mr Sears and he must have this type of scenario in mind for the next batch of holes. In the meantime, the well performance needs to be confirmed and decline rates factored in to enable a reasonable estimate of what separation equipment might be required and at what inflection points. I guess this will become apparent over the next 6 months of operational data. Anyhow, just musing thoughts from a non-invested ramping deramping mischief making genuine potential re-investor thinking about how things may progress :)

Wavey--most of those orcp trades are for pennies and not Pi trades, the number of trades is entirely misleading.

The answer to q1 is none therefore the other questions are irrelevant.

Drilling stopped until they are able to formulate a 2026 drill plan --AFTER analysing the results that they dont yet have. Or would you just prefer them to sp*nk all the cash on random holes across Australia with no plan.

They will 100% need a lot more money in 2026 if they are to define the resource

Road objection from Nifty is a odd one, usually financial motives somewhere.

Another month or two for the brats to whinge and moan or just sell up and go.

You would have to look on a LvL 2 platform. In this case it is WINS on 1.9 it's a wild card and looks like they are not really in the game today. All the others are around 1p. No need to get excited yet

MEM. I meant 12m of course - and note to self was to try and sit on hands this time. Have had them burned by keeping hold of a stock like a 'true investor' only to see 6 figures of hard earned disappear over time so I seldom stay very long nowadays. This one does appear to be different though.

This SP will look like a bargain price in 12m time. -note to self.!.

S76 or similar and some drill components delivered/samples collected that way too. Now there's an idea.

Another way to do it would be land at the Nifty strip and chopper the crew on rotation to the drill site. Keep the chopper at Nifty

J.H. My screen is the same, funny that.

The point of the road was the potential to utilise the Nifty airport and accommodation for crew changes. If they are objecting to the road then why would they allow use of the airstrip and accommodation block. Doesnt make sense

Good day so far, thank you :) - an at oracle p. might have to break out the wine gums.

Keep up, buys at .79

Decided to buy again, probably a bit early but had to pay 7.03.

No they don't have the asset. They have made an application that has been accepted as an application. They will need to submit an EIA and get that approved and then the Italian Govt will be conducting their due diligence on the applications made by Zen and others to decide who has the right ingredients to take the project forward and provide the best returns for the govt. They have done some preparatory work in setting up an Italian entity as an assumptive move to take it forwards if they get that far. - unless there is some announcement to say that they have been granted an exploration licence that was not announce via rns.